Lace ‘em up! Birch Hill’s closing on CCM signals start of PE hockey brawl
Birch Hill Equity Partners’ recent wrap-up of its buy of CCM Hockey signals the start of a potentially fierce contest between hockey brands acquired this year by private equity firms. Birch Hill agreed in July to purchase CCM, a storied, 118-year old Canadian hockey equipment maker, from Adidas for US$110 million in cash and a secured note. The Toronto investor told PE Hub Canada the deal closed last month. It marks 2017's third PE acquisition of one or more hockey brands in North America.
6 October 2017•4 mins read
